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FUTR: Soybeans

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<DIV><FONT color=#000000 size=2>RealTraders,</FONT></DIV>

<DIV><FONT color=#000000 size=2>
<P align=left><FONT size=2>I like the setup in the March Soybean; I am going to 
day trade it like I did on Monday. If the day session opens above Monday's Low 
and starts to trade higher then I will place a Sell Stop just below Monday's Low 
... I give up some profit potential trading this way, but I like to sell or go 
with confirmed or continued weakness. I want this trade to work immediately; if 
it does not then I will be stopped out with about a 4 cent loss ... this trade 
also applies to January Soybean.&nbsp; See charts below.</FONT>
<DL>
  <DT><A href="http://homepage.macomb.com/~mig/112398/24osc-crb.gif";><FONT 
  size=2>CRB CASH INDEX</FONT></A><FONT size=2> ... weekly lower\sideways, daily 
  trading trend short term bearish.</FONT> 
  <DT><A href="http://homepage.macomb.com/~mig/112398/24osc-s.gif";><FONT 
  size=2>MARCH SOYBEAN</FONT></A><FONT size=2> ... weekly lower\sideways, daily 
  trading trend short term bearish.</FONT> </DT></FONT></DL>
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<DIV><FONT color=#000000 size=2>Dennis</FONT></DIV>

<DIV><FONT color=#000000 size=2>Home Page <A 
href="http://homepage.macomb.com/~mig/home.htm";>http://homepage.macomb.com/~mig/home.htm</A></FONT></DIV>
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</x-html>From ???@??? Thu Nov 26 01:23:33 1998
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Date: Tue, 24 Nov 1998 07:49:38 -0700
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From: "Terry S. Smith" <tesla@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Wrong Lessons for trading.
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The best book I have found to unlearn basic human nature is MINDTRAPS
UNLOCKING THE KEY TO INVESTMENT SUCCESS By Roland Barach. Before reading the
book it did not occur to me that I needed to shift my perspective 180
degrees to be successful.  After reading it I began to realize why I was
struggling to  making any money in my investing persist. It lists 88
psychological snares or Mindtraps that we must unlearn to become successful
in this business. The ISBN is 0-935219-07-2. Happy trading,
-----Original Message-----
From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, November 23, 1998 10:48 PM
Subject: Gen: Wrong Lessons for trading.


>RT's,
>
>I had an idea I hope a few of you might get involved in. We have all heard
>(or should have) that we must un-learn many wrong lessons that we have
>learned in life in order to be successful at trading. I'm hoping that we
can
>come up with a list of those lessons for our mutual benefit.
>
>I will start out with what I call the "Hogging it lesson". Occasionally I
>hear my father say "it's just an old fashioned idea to get the very most
>that you can." There are times in our experience when this is true.
However,
>I'm sure that many have had this experience. You set a profit target for a
>position after making a trade, the security goes within a few ticks of your
>target and pulls back so that you don't get filled. You may then compound
>the mistake by holding on until the trade actually becomes a loser.
>
>Brent
>
>